PayPoint Plc FY25 Post-close Trading Update

Core Insights - PayPoint Plc anticipates delivering a financial performance in line with expectations, with underlying EBITDA of approximately £90 million and year-end net debt below £100 million [3] - The company has been actively engaging in a share buyback program, purchasing a total of 2,227,615 shares for £15.9 million as of April 17, 2025 [3] - Preliminary results for the financial year ending March 31, 2025, will be announced on June 12, 2025, along with updates on group strategy and financial objectives for the three-year period to FY28 [4] Business Overview - PayPoint Group serves a diverse range of organizations, including SMEs, convenience retailers, local authorities, government, multinational service providers, and e-commerce brands [6] - The company operates across four core business divisions, creating long-term value for stakeholders [6] - In the Shopping division, PayPoint enhances retailer propositions and customer experiences through various payment technologies and partnerships across over 60,000 locations [7] - The E-commerce division offers tech-based delivery solutions through Collect+, facilitating parcel pick-up and drop-off at local stores [7] - In Payments and Banking, PayPoint provides a digital payments platform, MultiPay, which supports various payment methods including Open Banking and card payments [7] - The Love2shop division offers gifting and prepaid savings solutions, being the UK's leading multi-retailer gifting provider [7]